Industry News

Toronto-based ManuLife Financial Corp. will build a new 470,000-sf "green" headquarters in South Boston. The 14-story building will be one of the first buildings in the nation utilizing a double-skin exterior curtainwall facade.

SouthTrust Bank will occupy a new main office building in the Atlantic Station development in Midtown Atlanta to be constructed by 2004. Developed by AIG Global Real Estate Investment, the building will house 300 banking and administrative employees in 95,000 sf on the building's first five floors. SouthTrust also completed construction in May at its Marietta, Ga., data center. SouthTrust's Corporate Banking and Enterprise Bank organizations are both based in Atlanta.

The University of the Incarnate Word broke ground earlier this week on a 3,360-sf expansion of the 1,200-sf Presa Community Center. Staffed with UIW faculty and students, the expansion will house a permanent office and resource center providing tutoring and mentoring programs, computer literacy classes, and small-business assistance. A Department of Housing and Urban Development grant is funding the $228,453 project. The Presa Community Center originated as a facility providing social services and helping families to become self-sufficient.  

UNC Hospitals is planning to build a $150- to $200-million heart center in five to seven years. The building will consolidate cardiac care services including cardiology, cardiac testing, vascular services, and cardio-thoracic and pulmonary clinics. These services are currently housed in five separate buildings on the UNC Hospital's Chapel Hill campus. The new facility will also house inpatient beds and operating rooms.

The University of Texas at San Antonio (UTSA) will partner with Brooks Air Force Base to create the UTSA Center for Excellence in Bioprocessing and Biotechnology. The center will provide vaccine-related research training to military and UTSA undergraduate and graduate students.